What’s in a name? A lot when it comes to businesses, products or services.
In slow economic times, more and more peoples’ lives and businesses are impacted by the bankruptcy proceedings of others.
As a tumultuous 2010 comes to a close, many people impacted by the recent economic downturn are pausing to reflect on the past year and plan for 2011.
When Congress took no action regarding estate taxes in 2009 — 2010 ushered in an automatic end to estate and generation-skipping taxes for a period of one year.
Today, virtually all real estate purchasers recognize and appreciate the term “due diligence”.
We recently posted an article concerning the self employment tax. Passage of President Obama’s healthcare legislation, the Patient Protection and Affordable Care Act, which the President signed into law on March 23, is cause for an update.
Much has been written over the past year and a half about the epidemic of home foreclosures.
You are doubtless aware that the failure of Congress to extend the federal estate tax and generation-skipping transfer tax system before January 1 of this year has created a great deal of uncertainty.
The nature of an individual’s tax liability will typically rely upon whether they are employed by an employer or self-employed.
The Supreme Court of Virginia recently applied and reaffirmed the rule that representations as to performance of duties imposed by contract, although unquestionably deliberate and false, only support recovery of compensatory damages based on breach of contract and not punitive damages based on fraud. Dunn Construction Company, Inc., v. Cloney, 278 Va. 260 (2009).